800 W 5th ST # 1103, Austin TX 78703

Off Market

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Ed's Opinion of Value

$924,936 Ed's Estimate: $1,320,577 $2,240,000

Lowest Comp Recommended List: $1,042,000 to $1,052,000 Highest Comp

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,320,577. I'd recommend coming to market at $1,042,000 to $1,052,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TIN CITY LOFTS, this price point stands out as competitive. The 0.01 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in TIN CITY LOFTS, listed between $989,000 and $2,500,000. The trend in TIN CITY LOFTS shows prices have risen 0% in the past 6 months. 800 W 5th ST # 808, Austin TX 78703 nearby adjusts to $1,225,294; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

TIN CITY LOFTS Market Trends

$700,000 Median Sold Price

$473/sqft Median $/SqFt ▲ 0.2% 6mo

88 days Avg Days on Market 42 days slower

6 homes Active Inventory 12 mo supply

91.5% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$1,225,294 adjusted 800 W 5th ST # 808, Austin TX 78703 2bd / 2.0ba • 2,422 sqft • 0 mi Sold 1 months ago

$924,936 adjusted 707 San Marcos ST, Austin TX 78701 2bd / 2.0ba • 2,186 sqft • 1.2 mi Sold 5 months ago

$1,051,516 adjusted 360 Nueces ST # 3504, Austin TX 78701 4bd / 2.0ba • 2,057 sqft • 0.2 mi Sold 9 days ago

$2,110,449 adjusted 222 West Ave # 2401, Austin TX 78701 3bd / 3.0ba • 2,227 sqft • 0.2 mi Sold 7 months ago

$1,794,749 adjusted 222 West Ave # 2001, Austin TX 78701 3bd / 3.0ba • 2,227 sqft • 0.2 mi Sold 7 months ago

Currently on Market

$1,685,000 901 W 9th ST # 401, Austin TX 78703 3bd / 2.0ba • 2,303 sqft • 0.3 mi 142 days on market

$2,240,000 222 West Ave # 1901, Austin TX 78701 3bd / 3.0ba • 2,227 sqft • 0.2 mi 39 days on market

$989,000 54 Rainey ST # 1018, Austin TX 78701 3bd / 3.0ba • 1,956 sqft • 1.1 mi 1 days on market

3 Beds

2 Baths 2 Full

2,198 Sq Ft

0.013 Acres

2003 Built

About This Property

Beautifully appointed Penthouse Level condo. This 3 bedroom, 2 bath condo has concrete and beautiful hardwood floors, an open floor plan and breathtaking 20ft ceilings in the living room. The spectacular views of downtown and the location of this condominium complex, make it one of the most desirable in town. Austin City Lofts is one of the most private luxury buildings in downtown. The amenities include a 24 hour concierge, Pool/Hot tub and gated/secure access and parking. Do not miss this luxury condo!

Features

High Ceilings
Interior Steps

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Concrete, Tile, Wood

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 6955027

Listing History

MLS# 6955027 33 days

Mar 24, 2014	Off Market
Jan 3, 2014	Listed		$940,000

Frequently Asked Questions About 800 W 5th ST # 1103, Austin TX 78703

When was 800 W 5th ST # 1103, Austin TX 78703 built?

800 W 5th ST # 1103, Austin TX 78703 was built in 2003.

How much does 800 W 5th ST # 1103, Austin TX 78703 cost?

800 W 5th ST # 1103, Austin TX 78703 sold on March 24, 2014. Contact us for sale price details.

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Dec 14, 2011	Off Market
Dec 9, 2011	Listed		$4,600